Eviews6.0面板数据进行的协整检验,结果如下,该怎么分析,高手教下,非常感谢!
Pedroni Residual Cointegration Test
Series: ROE? CR5? SIZE? DAR?
Date: 09/05/16 Time: 19:47
Sample: 2011 2015
Included observations: 5
Cross-sections included: 256
Null Hypothesis: No cointegration
Trend assumption: No deterministic trend
User-specified lag length: 1
Newey-West automatic bandwidth selection and Bartlett kernel
Alternative hypothesis: common AR coefs. (within-dimension)
Weighted
Statistic Prob. Statistic Prob.
Panel v-Statistic -5.854774 1.0000 -7.868847 1.0000
Panel rho-Statistic 10.78968 1.0000 10.13617 1.0000
Panel PP-Statistic -21.17883 0.0000 -29.98047 0.0000
Panel ADF-Statistic -14.12199 0.0000 -20.53560 0.0000
Alternative hypothesis: individual AR coefs. (between-dimension)
Statistic Prob.
Group rho-Statistic 18.48499 1.0000
Group PP-Statistic -40.41625 0.0000
Group ADF-Statistic -225.8537 0.0000
Cross section specific results
附件列表